Monday, July 06, 2009

Job Drain - "Progressive" style

Imagine being a business owner Summer, 2009. Your business is struggling but still modestly profitable. You would like to be on the forefront of the economic recovery and hire some workers in anticipation of that recovery.

Would you throw on additional payroll when..........

  1. You don't know what the impact of increased costs associated with energy (as a result of cap & trade) will be.
  2. You don't know what the impact of a nationalized health care system is going to mean for you, your suppliers and your vendors.
  3. You know that taxes will be going up but you don't know how much.

So what do you think the odds are of business sticking it's neck out this summer and adding domestic payroll?

Let's assume that all these issues are resolved this summer by the Obamunists, do you think that companies will be more likely or less likely to ship production overseas (aka JOBS), where these companies don't have to deal with such issue?

Want to know why a recovery isn't about to happen any time soon? Then you aren't paying attention.

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